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Q: To purchase goods or services on account is to create?
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To purchase goods and services on account is to create what?

The correct answer is - an A/P liability.Accounts payable are liabilities (obligations) created by buying goods or services on account.


Something which may be used to create goods or services?

something which may be used to create goods or services


Why do businesses might want to create demand?

Its Simple! When Businesses Will Create Demand, Consumers Will purchase their Goods Or Services; In Result, Their Will Increase Their Sales & Profit.


Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the .?

product market


Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the?

product market


Households pay firms for goods and services Firms supply households with goods and services the purchase and supply of goods and services takes place in the?

It's Product Market.


What satisfaction do consumers get from the goods and services they purchase?

Utility.


What is the journal entry for goods return?

If sales goods returned: [Debit] Sales account xxxx [Credit] Sales Return account xxxx if purchase goods returned: [Debit] Purchase return xxxx [Credit] Purchases account xxxx


What is the Nature of purchase account?

Purchase Account is a Real Account,because it fulfills condition of real account as Debit what comes In and in case of purchase goods come in that's why it's debited..


What Labor operates capital to create?

goods and services.


What are capitol goods?

The definition of capital goods are the goods that are used for production purposes. They create goods and services that can be used by consumers.


Household purchase goods and services in the what market?

Product market